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New Delhi, Apr 1 (PTI) Gold price climbed Rs 1,539 to Rs 1.52 lakh per 10 gram in futures trade on Wednesday due to bullish sentiment in the domestic market amid rise in precious metal rates globally and a weaker US dollar. On the Multi Commodity Exchange, the yellow metal for June delivery increased Rs 1,539, or 1.02 per cent, to Rs 1,52,300 per 10 grams from Tuesday's closing level of Rs 1,50,761 per 10 grams. Commodity markets were closed in the morning session on account of Shri Mahavir Ja ...Read More >
(RTTNews) - Indian stock markets remain closed today for Mahavir Jayanti. On Monday, benchmark indexes Sensex and Nifty both fell over 2 percent as Brent crude prices topped $115 a barrel on fears of more disruptions to shipping lanes, posing a significant risk to inflation, the current account and fiscal deficits. Both the indexes plummeted around 11 percent in March, marking their worst monthly loss since the COVID-19-led rout in March 2020. The Indian rupee hit a record low past 95 to the d ...Read More >
New Delhi, Nov 20: Gold and silver prices declined in the futures trade on Thursday as investors trimmed their positions after the US Federal Reserve's latest meeting minutes signalled continued caution over rate cuts. Gold Drops ₹511; Silver Down ₹411 On the Multi Commodity Exchange (MCX), gold futures for December delivery declined by Rs 511, or 0.42 per cent, to Rs 1,22,540 per 10 grams in a business turnover of 10,456 lots. Silver futures were also under pressure, with the white metal for ...Read More >
New Delhi, Oct 30 (PTI) Gold prices fell by Rs 1,000 to Rs 1,23,400 per 10 grams in the national capital on Thursday amid a firm dollar after the Federal Reserve hinted at a slower pace of rate cuts and progress in US-China trade talks. The precious metal of 99.5 per cent purity depreciated by Rs 1,000 to Rs 1,22,800 per 10 grams (inclusive of all taxes) from Wednesday's close of Rs 1,23,800 per 10 grams, according to the All India Sarafa Association. In the local bullion market, gold of 99.9 ...Read More >
[BENGALURU] Gold prices hovered n Tuesday (Oct 28) near their lowest in more than two weeks, as optimism over a possible US-China trade deal dented demand for the safe-haven metal, while investors looked forward to major central bank policy announcements this week. Spot gold was flat at US$3,981.67 per ounce, as at 8.24 am, after dropping more than 3 per cent in the previous session to its lowest level since Oct 10. US gold futures for December delivery lost 0.6 per cent to US$3,996.50 per oun ...Read More >
By Pranav Kashyap and Twesha Dikshit (Reuters) -U.S. stock index futures were trading at record highs on Monday as expectations of a trade deal between China and the United States aided risk appetite in a busy week of Big Tech earnings and a widely expected rate reduction from the Federal Reserve. At 06:22 a.m. ET, Dow E-minis rose 258 points, or 0.54%, Nasdaq 100 E-minis were up 332.5 points, or 1.3%, and S&P 500 E-minis gained 59.75 points, or 0.88%. Negotiators from the world's top two eco ...Read More >
BENGALURU -- The US Federal Reserve will lower its key interest rate by 25 basis points (bps) next week and again in December, according to a Reuters poll of economists who remain deeply divided on where rates will be by the end of next year. A month ago, economists had expected just one more cut this year. But the new forecast follows a recent shift in expectations by Fed policymakers toward additional reductions. Caught between the dual risks of already-elevated inflation climbing higher due ...Read More >
The Indian rupee has made a strong recovery against the US dollar. This rebound comes after the US Federal Reserve signaled potential rate cuts. Falling crude oil prices and intervention by the Reserve Bank of India also supported the rupee. The dollar index has eased, boosting investor confidence in the domestic currency. Stock markets are also showing gains. The rupee recovered 88 paise from its all-time closing low to 87.93 against US dollar in early trade on Wednesday, on easing dollar inde ...Read More >
Gold and silver prices extended their record rally, hitting fresh lifetime highs on October 16. This comes as the precious metals remain in focus amid expectations of heightened demand ahead of Dhanteras. Gold futures on the Multi Commodity Exchange of India (MCX) rose around 1 percent (Rs 1,185 per 10 grams) to hit a new lifetime high of Rs 1,28,395 per 10 grams. Gold futures with February and April expiries also hit fresh lifetime highs of Rs 1,29,380 per 10 grams and Rs 1,30,877 per 10 grams ...Read More >
Mumbai: The Indian rupee made a sharp recovery against the US dollar on Wednesday, climbing up from its all-time closing low just a day earlier. It opened at Rs 88.74 and later touched Rs 87.93, its highest level in almost a month. This marks an impressive 88 paise gain from Tuesday's close of Rs 88.81. By the end of the trading session, the rupee was around Rs 88.32, up 0.5 percent. Why Did the Rupee Strengthen? One of the biggest reasons behind the rupee's comeback is the weakening of the US ...Read More >
Gold prices remained largely unchanged on Monday morning, hovering just below record highs, as investors awaited the anticipated rate cut from the US Federal Reserve this week. While the prospect of lower rates continued to support gold, profit-taking and a stronger dollar capped any further gains. At the time of writing, gold futures (GC=F) retreated 0.4% to $3,672.20 per ounce, while the spot price of gold was muted at $3,641.55 a troy ounce, after hitting a record high of $3,673.95 last week ...Read More >
Gold prices fell ₹250 to ₹1,00,370 per 10 grams in the national capital on Friday amid a weak global trend, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had closed at ₹1,00,620 per 10 grams on Thursday. In the national capital, gold of 99.5 per cent purity slipped ₹150 to ₹1,00,050 per 10 grams (inclusive of all taxes) on Friday. It had settled at ₹1,00,200 per 10 grams in the preceding session. However, silver prices rallied by ₹1,000 ...Read More >
Mumbai, Aug 26 (PTI) The rupee depreciated 12 paise to close at 87.68 (provisional) against the US dollar on Tuesday, tracking weak domestic markets after the US issued a draft notice on plans to implement an additional 25 per cent tariff on Indian products. Forex traders said the rupee lost momentum as worries over the looming 25 per cent additional US tariff on Indian goods, set to take effect from August 27, drove strong dollar demand from importers. At the interbank foreign exchange market ...Read More >
New Delhi, Aug 26 (PTI) Nearly one-third of school students take private coaching and the trend is more common in urban areas, the Centre's Comprehensive Modular Survey (CMS) on education has found. The survey noted that government schools play a pivotal role in providing education across India, accounting for 55.9 per cent of total enrolments. "It is higher in rural areas, where two-thirds (66.0 per cent) of students are enrolled, in comparison to urban areas (30.1 per cent). The private unai ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. A significant plunge in the crypto market has sent shockwaves across the industry over the last 24 hours, leaving a trail of liquidations in its wake. Around 200,000 traders were forced out of their positions as Bitcoin plunged to a seven-week low, wiping out more than $900 million in liquidations over a single day. According to CoinGlass, most of those losses came from long bets ...Read More >
(Reuters) -U.S. stock index futures slipped on Thursday, as investors stepped to the sidelines and awaited an earnings report from big-box retailer Walmart and clues on the Federal Reserve's next policy move from a three-day conference in Jackson Hole. A sharp decline in technology stocks such as Nvidia, AMD, Palantir and Meta earlier this week signaled investor fears that the stocks, which have soared since April lows, are now overvalued, while Washington's growing interference in the sector h ...Read More >
New Delhi [India], August 20 (ANI): Indian stock markets on Wednesday closed with both benchmark indices higher after recovering from early losses. Sensex rose 213.45 points, or 0.26 per cent, to settle at 81,857.84, while the NSE Nifty 50 gained 69.90 points, or 0.28 per cent, ending at 25,050.55. Over the past five sessions, the Sensex has advanced around 2.3 per cent and the Nifty about 2 per cent, lifted by optimism around proposed Goods and Services Tax (GST) reforms. Experts note that str ...Read More >
NEW YORK, Aug 5 (Reuters) - U.S. stocks ended lower on Tuesday as investors weighed the impact of tariffs after Yum Brands (YUM.N), opens new tab and other companies cited trade duties in their results or outlooks. In addition, U.S. President Donald Trump said the U.S. could impose a "small tariff" on pharmaceutical imports before increasing the rate subsequently. He also signaled an announcement on tariffs on semiconductors and chips in the "next week or so." Shares of KFC parent Yum Brands ( ...Read More >
July 18 (Reuters) - Gold traded flat on Friday and was headed for a weekly fall, weighed down by an overall stronger dollar and solid U.S. economic data, while platinum scaled its highest level since August 2014. Spot gold was unchanged at $3,337.59 per ounce, as of 0156 GMT. U.S. gold futures eased 0.1% to $3,343.20. Bullion has declined 0.5% so far this week. The dollar edged 0.1% lower against its rivals on Friday, but was headed for a second straight weekly gain. A stronger dollar makes gr ...Read More >
July 17 (Reuters) - Futures tracking the Nasdaq and the S&P 500 rose on Thursday, as strong results from Taiwan's TSMC boosted chipmakers after a rollercoaster session marked by concerns about the Federal Reserve's independence. At 5:45 a.m. ET, Dow E-minis were down 24 points, or 0.05%, S&P 500 E-minis were up 5.75 points, or 0.1%, and Nasdaq 100 E-minis were up 41.25 points, or 0.18%. U.S. chipmakers rose in premarket trading after TSMC (2330.TW), opens new tab, the world's main producer of ...Read More >
Taking support from global trade tensions, Gold August futures contracts at MCX opened higher today by Rs 178 or 0.18% at Rs 97,389/10 g after settling negatively in the previous trading session. In the last 2 days, gold prices have fallen by Rs 400. Meanwhile, silver September futures contracts surged by Rs 314 or 0.28% at Rs 1,11,800/kg after witnessing profit booking for the last 2 days. On Tuesday, gold and silver settled on a weaker note in the domestic and international markets. Gold Aug ...Read More >
Indian shares declined on Thursday after U.S. President Donald Trump signaled that a new trade deal could be inked soon with India. His statement comes at a time when both countries' commerce ministry officials are prepping for another round of trade talks. Extended trade negotiations between India and the U.S. are impacting Indian businesses, affecting export orders, operational strategies, and the acquisition of new American clients, the Economic Times reported. A rebound in the dollar inde ...Read More >
June 30 (Reuters) - Futures tracking the S&P 500 and Nasdaq touched record highs on Monday, as optimism over U.S. trade negotiations with its key partners helped support upward momentum in markets. Shares of technology heavyweights rose premarket after Canada scrapped its digital services tax targeting U.S. tech firms, just hours before it was due to take effect, in a bid to advance stalled trade negotiations with the United States. Shares of Amazon (AMZN.O), opens new tab, Meta Platforms (MET ...Read More >
Mumbai: The rupee traded in a narrow range and depreciated 4 paise to 85.63 against the US dollar in early trade on Wednesday, as market awaits the conclusion of India-US trade deal, which is at its final stage. Forex traders said the dollar index continued to remain under pressure against major peers as traders considered the dovish hints from FED chair Jerome Powell. At the interbank foreign exchange, the domestic unit opened at 85.59 against the greenback. In initial trade, it witnessed a l ...Read More >
MUMBAI (Reuters) -The Indian rupee is expected to open lower on Wednesday, tracking declines in most other Asian currencies and equities amid renewed worries over U.S. President Donald Trump's tariffs. The 1-month non-deliverable forward indicated a open in the 85.62-85.64 range, versus 85.52 on Tuesday. The rupee has been largely range bound in recent sessions, holding between the key support zone at 85.90-86.00 and resistance near 85.30. "Both of these levels are difficult to break," a curre ...Read More >
Jaipur: Police in Didwana have stepped up their probe into a cross-border smuggling case in which they arrested two arms and drug smugglers on June 27 for supplying Austrian Glock and Chinese Norinco pistols. It has emerged that the case has links to a massive Rs 300-crore heroin consignment seized by Punjab's Amritsar police near the India-Pakistan border in Barmer on June 30. Canada-based Joben Kaler was identified as the main overseas handler of the heroin consignment. Didwana-Kuchaman police ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The latest Crypto Market Compass from Bitwise Europe lands like a klaxon: every major gauge of risk appetite, liquidity and macro momentum is swinging in Bitcoin's favor, and the firm argues the move could "provide a significant tailwind" for the benchmark asset. The study notes that Bitcoin already rebounded from $101,000 to about $108,000 in the past week as traders digested a p ...Read More >
MUMBAI, July 1 (Reuters) - The Indian rupee strengthened on Tuesday, alongside most Asian peers, as worries over U.S. President Donald Trump's fiscal policies and uncertainty around trade deals kept the dollar pinned at a more than three-year low against major peers. The rupee closed at 85.52 per U.S. dollar, up about 0.3% on the day. While the rupee strengthened on the day, it was unable to hold onto gains above the 85.50 mark, with traders pointing to bids from a large state-run bank and a f ...Read More >
Mumbai: The west region cyber police are probing two cases where complainants were lured with high returns in online share trading leading to a loss of Rs 3 crore.In the first case, a transport businessman lost over Rs 2 crore when he joined a WhatsApp group. He sent money to various bank accounts provided by a woman. In the second case, a 50-year-old man, working for a start-up, lost over Rs 40 lakh after the same set of accused duped him of Rs 41 lakh.The businessman received a WhatsApp messag ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The Bitcoin price has continued to trade sideways since hitting a new all-time high (ATH) of $111,900 earlier in May. Amid the current price action, crypto analyst Decode has provided insights into whether the leading crypto will rally to $120,000 or drop below $100,000 next. In an X post, Decode shared an accompanying chart in which he made an ABC wave analysis of the current Bi ...Read More >
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